Macy's (M) Property, Plant & Equipment (Net) (2009 - 2026)
Macy's' Property, Plant & Equipment (Net) came in at $4.57 billion for fiscal Q2 2027 (quarter ended Aug 1, 2026), down 6.9% from $4.9 billion a year earlier and down 1.5% from the prior quarter.
Macy's (M) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Macy's' Property, Plant & Equipment (Net) was $4.74 billion, down 6.4% from FY2025.
- Property, Plant & Equipment (Net) has declined in each of the last three fiscal years, with a five-year compound annual growth rate of -4.4% (FY2021 to FY2026).
- Going back by fiscal year, Property, Plant & Equipment (Net) was $5.07 billion in FY2025 (-4.5%), $5.31 billion in FY2024 (-10.2%), $5.91 billion in FY2023 (+4.4%) and $5.67 billion in FY2022 (-4.6%).
- The fiscal Q2 2027 figure represents the lowest quarterly Property, Plant & Equipment (Net) in data going back to fiscal Q4 2009.
- Year-over-year, Property, Plant & Equipment (Net) has declined for 12 consecutive quarters, with an average decline of 6.8% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in fiscal Q1 2024 (growth of 4.7%), and the weakest in fiscal Q3 2025 (a decline of 11.2%).
- Business Quant data shows M's Property, Plant & Equipment (Net) at $4.64 billion (Q1 2027), $4.74 billion (Q4 2026) and $4.84 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 446.05 Bn |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 28.15 Bn |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 8.57 Bn |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 18.28 Bn |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 4.26 Bn |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 34.77 Bn |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 2.86 Bn |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 6.55 Bn |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 7.80 Bn |
| 10 | Macy's | 5.94 Bn | 1.66 Bn | 2.21 Bn | 4.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 4.57 Bn |
| May 2, 2026 | 4.64 Bn |
| Jan 31, 2026 | 4.74 Bn |
| Nov 1, 2025 | 4.84 Bn |
| Aug 2, 2025 | 4.90 Bn |
| May 3, 2025 | 4.96 Bn |
| Feb 1, 2025 | 5.07 Bn |
| Nov 2, 2024 | 5.16 Bn |
| Aug 3, 2024 | 5.23 Bn |
| May 4, 2024 | 5.30 Bn |
| Feb 3, 2024 | 5.31 Bn |
| Oct 28, 2023 | 5.81 Bn |
| Jul 29, 2023 | 5.88 Bn |
| Apr 29, 2023 | 5.86 Bn |
| Jan 28, 2023 | 5.91 Bn |
| Oct 29, 2022 | 5.83 Bn |
| Jul 30, 2022 | 5.66 Bn |
| Apr 30, 2022 | 5.60 Bn |
| Jan 29, 2022 | 5.67 Bn |
| Oct 30, 2021 | 5.60 Bn |
Macy's Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=M&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "M", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=M&period=max&api_key=YOUR_API_KEY");
const data = await res.json();